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Letsbet

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LetsBet represents a new type of software platforms: is a truly decentralized application (DAPP), running on the Ethereum blockchain. This means it can be downloaded and played from anywhere in the world without having a corporation behind it to run the service! You can even run the entire platform on your own machine, just by being connected to the Ethereum Blockchain. A centralized server is no longer needed. There is no need to pay any bookmaker or trust the casino management… the games on the LetsBet platform run autonomous on a software architecture which is entirely transparent, every interested party can view the code. Should our website www.letsbet.io be down - for example because some hackers or some law enforcement agencies blocking the domain - you can keep playing on it and your funds are safe from hackers or the authorities. Your identity, your data and our platform are protected. Since there is no LetsBet database which holds information on players, there is no way to track who is doing what and we store nothing besides the data of the bets and prices. After its launch LetsBet doesn’t depend on any human involvement at all to run. It will run as planned since code is law in our smart contract powered application. In essence, LetsBet is a blockchain based, decentralized P2P betting exchange. It is a automated match-making platform, where people could challenge each other, for example to bet on the results of games, to predict the correct scores or prices of stocks, currencies or any other asset you can imagine… As the entire booking process is run by smart contracts, there are little to no maintenance and operation costs. There is no need for service personal reviewing players accounts, asking for identity, KYC or any other personal details. There is no connection to your bank account or credit card. Our virtual robots, smart contracts written in the solidity programming language on the Ethereum blockchain, processes all required tasks.
General
Website: Visit
White paper: Read
Bounty: Bounty
MVP: View
ICO Time: 7 Jul, 2018 - 31 Aug, 2018
Country: Germany
Token Info
Ticker: XBET
Platform: Ethereum
Token type: ERC20
Available for sale: 77,000,000 XBET
Financial
ICO Price: 0.0259 USD
Accepting: ETH
Soft cap: 1,000 ETH
Hard cap: 10,000 ETH
Social Media
  • 1

    November 2017

    Concept. Prototype design and proof of concept.

  • 2

    December 2017

    Development of Dapp. Design and development of decentralized betting application.

  • 3

    April 2018

    Testnet Release sale. Release MVP on Testnet and token sale annoucement.

  • 4

    June 2018

    Token sale. Presale and regular ICO token sale using Dutch Auction.

  • 5

    July 2018

    Improvemnts. UX enhancements, providing multilingual support.

  • 6

    August 2018

    Public Launch. Launch on Mainnet and exchange listing.New Wallets. Mobile wallet, in-browser built wallet and hardware wallet support.

  • 7

    October 2018

    New Games. Based on community decisions new games will be released.

Mathias Adler

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